Biden: Tentative railway labor deal reached, averting strike
President Joe Biden said Thursday that a tentative railway labor agreement has been reached, averting a strike that could have been devastating to the economy.
Transportation
Articles
From carmakers to refiners, industries brace for rail strike
Car buyers might not get the vehicle they want on time, commuter rail lines could see service disrupted, and shipments from everything from oil to livestock feed could be snarled.
IBJ Podcast: Indianapolis, suburbs banding together to seek more state funding for local roads
In a conversation with host Mason King, IBJ reporter Peter Blanchard discusses the state formula and the potential that legislators would be receptive to funding charges.
Editorial: Indianapolis, suburbs deserve better street funding formula
The city estimates it faces a funding gap of $1 billion a year for roads and transportation infrastructure.
Q&A: Backhaul Direct is on the move
CEO Greg Harris has big plans following Backhaul Direct’s purchase in August of Indianapolis-based shipping company Bakers Express and its sister firm, DNK Express.
As deadline looms, railroads say strike would cost $2B a day
The railroad trade group said a strike would idle some 7,000 freight trains a day run by CSX, Union Pacific, BNSF, Norfolk Southern, Kansas City Southern and other railroads and disrupt passenger operations nationwide.
Business travel not rebounding as fast as airlines expected
Business travelers generally pay higher fares, so the absence of so many of them has an outsized impact on airline revenue and profit.
Cari Baylor: Trucking presents women with opportunities, good pay
Strong women are navigating new roads in a rapidly changing trucking industry.
New online dashboard helps flyers with delays, cancellations
Starting Thursday, travelers will be able to check the dashboard and see what kinds of guarantees, refunds or compensation the major domestic airlines offer in case of flight delays or cancellations.
Coalition asks feds to reject Indiana’s $100M EV charging plan
The Indiana Alliance for Equity Diversity Inclusion of Electric Vehicle Infrastructure and Economic Opportunities said the Indiana Department of Transportation’s planning process was flawed, and thus, inequitable.
Buttigieg warns airlines to help travelers or face new rules
Transportation Secretary Pete Buttigieg has been sparring with the airlines since late spring over high numbers of canceled and delayed flights.
IndyGo receives $33M federal grant for East Campus garage
The funding is part of a $1.6 billion U.S. Department of Transportation Federal Transit Administration effort supporting cleaner buses. IndyGo was one of just nine agencies nationally chosen to receive more than $30 million from the program.
Car-charging investment soars, driven by EV growth, government funds
More than $4.8 billion has been pumped into the electric-vehicle charging industry this year—a combination of roll-out announcements, debt financing, investment and acquisitions. And this is just the deals that have disclosed financial figures.
American Airlines places deposit on 20 supersonic planes
American becomes the second U.S. customer for Boom after a similar announcement last year from United Airlines for 15 of the proposed planes, called the Overture.
Federal criminal case against former Celadon Group executives dismissed
On Thursday, Judge Jane Magnus-Stinson granted prosecutors’ request to dismiss the charges against Celadon’s former president and chief operating officer, Eric Meek, and its former chief financial officer, Bobby Peavler.
Travelers starting to see small breaks from rising airfares
Before celebrating by splurging on a fancy trip, travelers should be aware that July’s average ticket was still 27.7% higher than in July of last year.
Runway rebuild project takes off at Indianapolis International Airport
Indianapolis International Airport is undergoing its most ambitious project since the completion of the new Midfield Terminal in 2008—a $190 million rebuild of one of its two main runways.
U.S. proposes to increase refund protections for air travelers
The proposed rule announced Wednesday would require airlines to give refunds if their departure or arrival time changes by three hours or more for a domestic flight or at least six hours for an international one.
City presents concepts for Henry Street bridge connecting Elanco, downtown
The Henry Street bridge would accommodate both cars and pedestrians and is a key component in the city’s infrastructure-heavy incentive package to bring Greenfield-based Elanco downtown.
JetBlue agrees to buy Spirit for $3.8 billion
The agreement would create the nation’s fifth-largest airline, with a fleet of 458 aircraft.